Question: for review (: ABC Corp has a basic EPS for the year ended Dec 31,2021 of $3.50. ABC Corp also has several convertible securities and
ABC Corp has a basic EPS for the year ended Dec 31,2021 of $3.50. ABC Corp also has several convertible securities and their corresponding dilution/incremental EPS has been calculated for you. Which of the following convertible securities is the most dilutive in the calculation of diluted EPS? Convertible bonds with an incremental EPS of $2.20 Convertible bonds with an incremental EPS of $6.00 Convertible preferred shares with an incremental EPS of $2.85 Cheddar Corporation had 150,000 common shares and 120,0002% cumulative preferred shares outstanding on January 1, 2020. On April 1, Cheddar issued an additional 80,000 shares. On July 1, the company repurchased and cancelled 60,000 common shares, and on October 1 issued an additional 30,000 common shares. What is the weighted average of the number of shares outstanding for 2020 ? (enter \#'s only, not \$ signs, commas or brackets) For the year ended December 31, 2020, Parmesan Company earned $5,000,000 net income, Outstanding preferred shares included 1,000,000 in 3% cumulative preferred shares issued on january 1,2018 and $2,000,000 in 5% non: cumulative preferred shares issued on January 1, 2020. Dividends were not declared in 2019. On December 31, 2020, Parmesan declared $20,000 in dividends, What is the numerator for basic EPS on December 31, 2020? $5,000,000$4,940,000$4,970,000$4,840,000$4,870,000
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